Decoding the IT Value Problem: An Executive Guide for by Gregory J. Fell PDF

By Gregory J. Fell

Gain higher returns out of your IT investments

Revealing the secrets and techniques to confirmed, powerful ideas that permit companies to leverage the total worth of hugely dear IT investments, Decoding the IT worth Problem is a no-nonsense advisor for making clever IT investments and slicing in the course of the noise of seller advertising and media hype. writer Gregory Fell describes in wealthy aspect the particular approaches, frameworks, infrastructure and self-discipline required to boost and execute company IT thoughts which are ecocnomic and sustainable.

Provides a confirmed framework for constructing and effectively executing ecocnomic IT strategies

Plain English information for gaining the main go back on funding from serious IT investments

Explores constructing and executing IT approach; forecasting, calculating and handling IT expenses; leveraging IT investments to force enterprise development; IT and the evolving worldwide financial system; IT worth administration; speaking IT worth around the company; and best switch, transformation and innovation

If you are a senior point supervisor or govt answerable for dealing with IT worth on your enterprise, Decoding the IT price Problem is the sensible and obviously written advisor you will flip to, with instruments and assistance for clever funding and administration of IT costs.Content: Chapter zero advent (pages 1–2): Chapter 1 the price of IT (pages 4–15): Chapter 2 Why IT tasks Fail (pages 18–26): Chapter three The Washington precept (pages 28–40): Chapter four Balancing probability and publicity (pages 42–54): Chapter five Time is the Enemy (pages 56–65): Chapter 6 software program isn't synthetic (pages 68–75): Chapter 7 know-how Disruptors (pages 78–87): Chapter eight The workplace of comprehend (pages 90–104): Chapter nine firm source making plans: One measurement suits so much (pages 106–111): Chapter 10 Outsourcing IT (pages 114–125): Chapter eleven Rebaselining the IT price range (pages 128–139): Chapter 12 The CFO's standpoint (pages 142–151): Chapter thirteen Optimizing the CEO—CIO dating (pages 154–160): Chapter 14 Conclusions (pages 162–170):

Have you questioned why even huge businesses fail whilst confronted with adjustments of their surroundings? could you be shocked to profit that the typical lifestyles expectancy of a Fortune 500 corporation is under 50 years? This booklet offers findings from 19 case reviews in multinational businesses comparable to Siemens, Volkwagen, basic electrical, Philips and Deutsche Telekom.

Are you vulnerable to being trapped in an uncompetitive company? likelihood is the ideas that labored good for you even many years in the past not bring the consequences you would like. Dramatic adjustments in enterprise have unearthed a tremendous hole among conventional techniques to process and how the genuine global works now.

Extra info for Decoding the IT Value Problem: An Executive Guide for Achieving Optimal ROI on Critical IT Investments

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But your costs have escalated dramatically. Here’s another example: You decide to create a simple system for keeping track of your team’s projects. You buy a server for $20,000 and you stick it under someone’s desk. Twenty people use it. If someone trips over a cable and accidentally unplugs the server, it won’t be the end of the world. That kind of scenario calls for 99 percent uptime. Now let’s say that you want to expand that same basic system to the rest of the enterprise. When you’ve got a system running across the entire company, you’re not going to settle for two days of downtime per year.

But IT projects are not like construction projects. Unlike construction projects, which involve finite amounts of material, IT projects often involve millions of lines of software code. Those lines of code are written by teams of software developers. Being human, those developers make mistakes, and sometimes it is hard to detect those mistakes until later in the process. Moreover, there is a huge difference between writing software code and laying bricks or pouring concrete. Writing code requires creativity, insight, and flashes of inspiration.

At other companies, that question might have been resolved by IT, and IT might have chosen the solution that made the most sense from a technology perspective. But that kind of decision should be a business decision, not an IT decision. We chose to implement a complete ERP system, meaning that every aspect of the business would be affected. It also meant that the implementations would be more complex and take longer to complete. While the cost and complexity were higher, the benefit to our customers 34 Decoding the IT Value Problem and shareholders would be greater.